Fixed deposit receipt trading


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 December 2012 kindly confirm me,
is there any fixed deposit receipts or current account can use for trading with best interest rate?

if can, is it fully legal?

14 December 2012 trading means??

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 December 2012 trading in international commodities, oil and etc.

14 December 2012 I dont understand you query, how the FD will be used for trading. it has fixed tenure/maturity.

@VaibhavJ (Expert)
14 December 2012 Hi

since trading is business you can nat do it with Savings Bank A/c, you have to route through current A/c

Thanks


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details